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Business License Agreement
"I need a Business License Agreement for my software development company to license our proprietary project management system to Malaysian businesses, starting from March 2025, with strong IP protection clauses and the ability to provide remote technical support."
1. Parties: Identification of the Licensor and Licensee with full legal names and registered addresses
2. Background: Context of the agreement, brief description of the business and purpose of the license
3. Definitions: Detailed definitions of terms used throughout the agreement
4. Grant of License: Scope of the license, territory, exclusivity/non-exclusivity, and permitted uses
5. License Fees and Payment Terms: Financial terms, payment schedule, calculation of royalties if applicable
6. Term and Renewal: Duration of the agreement and conditions for renewal
7. Obligations of the Licensor: Licensor's responsibilities, support, and maintenance obligations
8. Obligations of the Licensee: Licensee's responsibilities, operational requirements, and compliance obligations
9. Quality Control: Standards and requirements for maintaining quality of licensed business operations
10. Intellectual Property Rights: Protection and ownership of IP, usage restrictions, and infringement procedures
11. Confidentiality: Protection of confidential information and trade secrets
12. Termination: Grounds for termination, notice requirements, and post-termination obligations
13. Governing Law and Jurisdiction: Malaysian law as governing law and jurisdiction for dispute resolution
14. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Training and Support: Include when the license includes ongoing training or technical support services
2. Marketing and Promotion: Include when specific marketing requirements or restrictions apply
3. Insurance Requirements: Include when specific insurance coverage is required for the licensed business
4. Environmental Compliance: Include for businesses with environmental impact considerations
5. Halal Certification: Include for food-related or Islamic-compliant business requirements
6. Data Protection: Include when the business involves handling personal data
7. Sub-licensing Rights: Include when sub-licensing is permitted
8. Import/Export Compliance: Include for businesses involving international trade
9. Force Majeure: Include specific force majeure provisions relevant to the business type
1. Schedule 1 - Licensed Business Description: Detailed description of the licensed business, products, or services
2. Schedule 2 - Territory: Detailed description of the geographic territory covered by the license
3. Schedule 3 - Fee Schedule: Detailed breakdown of all fees, royalties, and payment terms
4. Schedule 4 - Brand Guidelines: Specifications for use of trademarks, logos, and brand elements
5. Schedule 5 - Quality Standards: Detailed quality control requirements and standards
6. Schedule 6 - Operating Procedures: Standard operating procedures and business processes
7. Schedule 7 - Required Permits and Licenses: List of regulatory permits and licenses required for operation
8. Schedule 8 - Training Program: Details of initial and ongoing training requirements
9. Appendix A - Approved Suppliers: List of approved suppliers if required for the business
10. Appendix B - Reporting Templates: Standard forms for required business reports and updates
Authors
Retail
Food and Beverage
Technology
Manufacturing
Education
Healthcare
Professional Services
Hospitality
Franchise Operations
E-commerce
Financial Services
Telecommunications
Legal
Commercial
Business Development
Operations
Finance
Compliance
Intellectual Property
Risk Management
International Business
Strategy
Legal Counsel
Business Development Manager
Commercial Director
Chief Executive Officer
Operations Manager
Compliance Officer
Intellectual Property Manager
Licensing Director
Chief Financial Officer
Contract Administrator
Business Owner
Franchise Manager
Regional Director
Managing Director
Risk Manager
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